Market Overview:
The global wood protection coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wood protection coatings from end-use industries such as furniture & flooring, marine, construction, and others. In terms of type, the natural segment is projected to lead the global wood protection coating market during the forecast period. This can be attributed to its properties such as resistance against moisture and insects. However, in terms of CAGR, the artificial segment is projected to grow at a higher rate than that of natural during the forecast period.
Product Definition:
A wood protection coating is a type of paint or sealant that is applied to wood in order to protect it from the elements. Wood protection coatings can help keep the wood from rotting, warping, and cracking. They can also help to seal in the natural color and beauty of the wood.
Natural:
Natural is a color, derived from plant or animal matter and has no artificial additives. It's usage in the wood protection coating market is growing at a significant pace owing to its environmental benefits over other coatings available in the global market.
The demand for natural coatings is increasing globally on account of rising consumer awareness towards harmful effects of chemicals used during product manufacturing, application & storage coupled with stringent regulations by REACH.
Artificial:
Artificial is a man-made material used to replace natural products such as wood, stone or concrete. It can be categorized into two types; composite and plastic. Composite artificial is made up of materials such as fiberglass, resins and binders which are combined to form the desired product. Fiberglass being a widely used material in this industry has majority of market share followed by resins & binder mix which gives strength to the artificial panels.
Application Insights:
The construction application segment led the global wood protection market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing demand for residential, commercial and industrial buildings from emerging economies such as India, China and Brazil. In addition, rising demand for high-quality flooring solutions across a variety of end-use industries is expected to propel product consumption in this application segment over the next eight years.
The furniture & flooring segment accounted for 22% of the global revenue share in 2017 owing to growing product usage across various applications including marine interiors, residential interior decoration & refurbishment projects on account of its durability and resistance towards rot & mold growth. The coating also helps enhance aesthetic appeal by providing an attractive finish on wooden surfaces while protecting it from moisture damage caused by fungi or bacteria present in air pollutants like VOCs (volatile organic compounds).
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the high demand from residential and commercial applications. The region is expected to witness a moderate growth rate over the forecast period owing to rising consumer awareness regarding sustainable construction practices, coupled with stringent environmental regulations by regulatory bodies such as U.S Green Building Council (USGBC) and Canadian Standards Association (CSA).
Asia Pacific is projected to be one of the fastest-growing regions during the forecast years on account of rapid industrialization, coupled with increasing foreign investments in India, China, Japan and other Southeast Asian countries. In addition, rising disposable income levels are anticipated to fuel market growth during this period.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from construction and furniture industries
- Rising awareness about the benefits of wood protection coatings
- Growing popularity of wood flooring and decking
- Technological advancements in wood protection coating products
- Stringent environmental regulations for preserving natural resources
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Protection Coating Market Research Report
By Type
Natural, Artificial
By Application
Furniture & Flooring, Marine, Construction, Others
By Companies
Akzo Nobel, BASF, DowDupont, Sherwin-Williams, PPG, Nippon Paint, Industrias Quimicas Kupsa, RPM International, HMG Paints, Arkema, Akzo Nobel, Kansai Paint
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Wood Protection Coating Market Report Segments:
The global Wood Protection Coating market is segmented on the basis of:
Types
Natural, Artificial
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Furniture & Flooring, Marine, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Akzo Nobel
- BASF
- DowDupont
- Sherwin-Williams
- PPG
- Nippon Paint
- Industrias Quimicas Kupsa
- RPM International
- HMG Paints
- Arkema
- Akzo Nobel
- Kansai Paint
Highlights of The Wood Protection Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Artificial
- By Application:
- Furniture & Flooring
- Marine
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wood Protection Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wood Protection Coating is a coating that is applied to wood to protect it from the elements. The coating can be made of a variety of materials, including wax, resin, and oil.
Some of the major players in the wood protection coating market are Akzo Nobel, BASF, DowDupont, Sherwin-Williams, PPG, Nippon Paint, Industrias Quimicas Kupsa, RPM International, HMG Paints, Arkema, Akzo Nobel, Kansai Paint.
The wood protection coating market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wood Protection Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wood Protection Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wood Protection Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wood Protection Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wood Protection Coating Market Size & Forecast, 2018-2028
4.5.1 Wood Protection Coating Market Size and Y-o-Y Growth
4.5.2 Wood Protection Coating Market Absolute $ Opportunity
Chapter 5 Global Wood Protection Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wood Protection Coating Market Size Forecast by Type
5.2.1 Natural
5.2.2 Artificial
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wood Protection Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wood Protection Coating Market Size Forecast by Applications
6.2.1 Furniture & Flooring
6.2.2 Marine
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wood Protection Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wood Protection Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wood Protection Coating Analysis and Forecast
9.1 Introduction
9.2 North America Wood Protection Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wood Protection Coating Market Size Forecast by Type
9.6.1 Natural
9.6.2 Artificial
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wood Protection Coating Market Size Forecast by Applications
9.10.1 Furniture & Flooring
9.10.2 Marine
9.10.3 Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wood Protection Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Wood Protection Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wood Protection Coating Market Size Forecast by Type
10.6.1 Natural
10.6.2 Artificial
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wood Protection Coating Market Size Forecast by Applications
10.10.1 Furniture & Flooring
10.10.2 Marine
10.10.3 Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wood Protection Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wood Protection Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wood Protection Coating Market Size Forecast by Type
11.6.1 Natural
11.6.2 Artificial
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wood Protection Coating Market Size Forecast by Applications
11.10.1 Furniture & Flooring
11.10.2 Marine
11.10.3 Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wood Protection Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Wood Protection Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wood Protection Coating Market Size Forecast by Type
12.6.1 Natural
12.6.2 Artificial
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wood Protection Coating Market Size Forecast by Applications
12.10.1 Furniture & Flooring
12.10.2 Marine
12.10.3 Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wood Protection Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wood Protection Coating Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wood Protection Coating Market Size Forecast by Type
13.6.1 Natural
13.6.2 Artificial
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wood Protection Coating Market Size Forecast by Applications
13.10.1 Furniture & Flooring
13.10.2 Marine
13.10.3 Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wood Protection Coating Market: Competitive Dashboard
14.2 Global Wood Protection Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel
14.3.2 BASF
14.3.3 DowDupont
14.3.4 Sherwin-Williams
14.3.5 PPG
14.3.6 Nippon Paint
14.3.7 Industrias Quimicas Kupsa
14.3.8 RPM International
14.3.9 HMG Paints
14.3.10 Arkema
14.3.11 Akzo Nobel
14.3.12 Kansai Paint
